The two of us been employed by at Jefferies for a combined 39 years. We have survived challenging times and direct assaults, but that is what happens when you are dealing with companions to build a continuing business that will withstand. We’ve always met challenges honestly and directly, and we’ll not now stop or back off.
We are not devoid of issues or problems at Jefferies, and we believe even one of these of bad behavior or the tiniest of fines, lawsuits, or penalties is one too many. However, we’d gladly put our track record of compliance and regulatory focus up against the record of anybody of our major competitors. Earlier this week has been beyond unpleasant for us, as a child-custody case has resulted in groundless questions about the integrity of our firm.
As you may have read, our partner who’s in the center of all this has taken a voluntary leave to concentrate on his personal life and the best interests of his two children. That is a terribly sad situation and our hearts go to him and his family out.
- Construction equipment investment growth is likely to weaken further and potentially stall
- Hedge Fund Service Directory
- 16 I.R.C. 852(b)(3)(D)(iii)
- Tax Advantage Accounts
- Surety Bonds
As the week progressed, the media plus some of our major competitors have piled on, using categorically rejected allegations created by one person as the basis to launch a common sense of everything Jefferies. While we would like to disregard the tabloids, the …